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New2 hours ago

3837 Deepwood Heights

Churchill Meadows, Mississauga

$1,279,000

Detached|2-Storey
3 | 4 | 4
About this home

Your dream home awaits-this stunning detached property redefines modern living. Fully renovated, it features a legal second dwelling unit (built in 2020), offering exceptional flexibility for multi-generational families, investors, or buyers seeking rental income to help offset mortgage costs. Enjoy a carpet-free interior with hardwood flooring throughout the main and upper levels, and durable laminate flooring in the basement. The open-concept kitchen showcases a center island, granite countertops, Tumbled Marble Backsplash Backsplash, and stainless steel appliances(installed in 2018). Bathrooms are elegantly finished with granite vanities, complemented by ambient pot lights, Crown Mounding and stylish California shutters throughout the home. Major upgrades include a heat pump, furnace, and a tankless water heater (2024), all owned by the seller. The home also features separate laundry facilities for both upper and lower units, enhancing convenience and privacy. A perfect blend of comfort, style, and investment potential-this home truly has it

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,981
Lot Size41 ft x 85.3 ft
mls© NumberW14140978
Listed ByRE/MAX REAL ESTATE CENTRE INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,547
Property tax
$665
Heat allowance
$150
Housing costs
$7,362 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $255,800
25-yr amortization

Income needed

$227,000

gross annual household income

Payment at 4%
$5,382 / mo
Cash down
$255,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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